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Petrobras News

Petrobras Launches Binding Phase for Tartaruga Field Stake Sale

May 10, 2022

Brazilian oil company Petrobras has started the binding phase for the sale of its stake in the Tartaruga field, located in shallow waters of the Sergipe-Alagoas Basin, state of Sergipe.Petrobras said last month it was relaunching the the sale process of its stake in the Tartaruga field鈥

Petrobras Starts Oil and Gas Production from First of Four Mero Field FPSOs

May 02, 2022

Oil and gas production has started from FPSO Guanabara offshore Brazil, the first definitive production system installed in the Petrobras-operated Mero field, in the Santos Basin pre-salt. Three more FPSOs are planned for deployment at the Mero field鈥

Petro Rio Buys Petrobras' Albacora Leste 云顶赌场老虎机 Oil Field for $2.2 Billion

Apr 28, 2022

Brazil's state-run oil company Petrobras said on Wednesday its board has approved the sale of its stake in the Albacora Leste oilfield to Petro Rio SA for $2.2 billion.The oil giant, formally known as Petroleo Brasileiro SA, said the sale was鈥

Petrobras Launches Binding Phase for Sale of Its U.S. Gulf of Mexico Oil Field Interests

Apr 19, 2022

Brazilian oil company Petrobras has launched the binding phase for the sale of its 20% in the company MP Gulf of Mexico, LLC. (MPGoM), which owns offshore fields in the U.S. Gulf of Mexico.Petrobras first announced its intention to exit the joint venture in October 2021鈥

Petrobras Shareholders Elect CEO-in-waiting to Board after Weeks of Turmoil

Apr 14, 2022

©Agência Petrobras - Flávio EmanuelShareholders in Brazil's Petrobras have elected José Mauro Coelho to the firm's board, according to a source with direct knowledge of the matter, paving the way for the government technocrat to take the helm of the state-run oil company鈥

Petrobras Boosts Output, Flags May Start for Major FPSO

Apr 28, 2022

Oil production at Brazil's Petrobras rose in the first quarter as additional wells ramped up or came online, while a new platform set to start pumping in May should help that trend continue, the state-run company said on Wednesday.In a securities filing鈥

Pires Turns Down Petrobras CEO Job

Apr 05, 2022

Energy consultant Adriano Pires has backed out of the Brazilian government's nomination for him to take the helm at Petrobras, the country's Mines and Energy Ministry said on Monday, in the latest blow to succession plans at the state-run oil company鈥

Production Sharing Contracts Signed for Sepia, Atapu 云顶赌场老虎机 Oil Fields in Brazil

Apr 28, 2022

Brazilian oil and gas company Petrobras has signed production sharing contracts with its partners for the Atapu and Sépia oil fields, offshore Brazil.For Atapu, the PSCs were signed with Shell (25%) and Total Energies (22,5%). For Sépia, PSCs were signed with TotalEnergies (28%)鈥

Report: PetroRio Close to Buying Petrobras Albacora Leste 云顶赌场老虎机 Field

Apr 01, 2022

Brazilian oil company PetroRio SA is close to agreeing on terms to purchase the Albacora Leste field from state-run oil company Petrobras, two sources with knowledge of the matter told Reuters, though talks around the neighboring Albacora field are proving more complex鈥

Brazil Gov't Appoints Rodolfo Landim to Chair Petrobras Board

Mar 07, 2022

Brazil's government has appointed former Petrobras executive Rodolfo Landim to chair the state-controlled oil producer's board, the company said in a filing on Saturday night.Earlier in the day, Admiral Eduardo Bacellar Leal Ferreira told Reuters鈥

One-year Term: Petrobras Elects New CEO

Apr 14, 2022

Brazilian state-run oil company Petrobras on Thursday formally elected Jose Mauro Coelho as its chief executive for a one-year term, ending weeks of turmoil in which the government struggled to fill the top position.Coelho, a government technocrat鈥

Reuters: Brazilian Economic Official Strong Candidate for Petrobras CEO Position

Apr 06, 2022

Brazilian Economy Ministry official Caio Mario Paes de Andrade has emerged as a strong candidate to lead state-run oil company Petrobras, after energy consultant Adriano Pires declined the government's nomination, a government official told Reuters on Tuesday鈥

Brazil: Bolsonaro Ousts Second Straight Petrobras CEO. Taps Energy Consultant as Successor

Mar 31, 2022

Brazilian President Jair Bolsonaro has tapped a well-known academic and energy consultant as the next head of state-run oil company Petrobras, effectively ending the tenure of current CEO Joaquim Silva e Luna less than a year after he was appointed鈥

Petrobras Loses $400M Court Case Against Former 云顶赌场老虎机 Rig Supplier Paragon

Mar 31, 2022

Brazilian oil company Petrobras has lost a $400 million case against Paragon 云顶赌场老虎机 Nederland, a former supplier of offshore drilling rigs for oil and gas exploration.Petrobras said Thursday that the Court of Justice of Rio de Janeiro decided鈥

Petrobras Puts Its Tartaruga Field Stake Up For Sale Again

Apr 11, 2022

Brazilian oil company Petrobras has restarted the sale process of its stake in the Tartaruga field, located in shallow waters of the Sergipe-Alagoas Basin, State of Sergipe, Brazil.The oil firm had in August 2020 launched the binding phase for the sale of its entire stake in the Tartaruga field鈥

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